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Honeywell said on Thursday its quantum computing company, Quantinuum, had raised about $600 million from investors including Nvidia‘s venture capital arm at a valuation of $10 billion.
The latest round, which doubles Quantinuum’s valuation from $5 billion in January 2024, saw new investments from Quanta Computer, QED Investors and NVentures – Nvidia’s venture capital arm.
The funding also saw participation from existing shareholders JPMorgan Chase, Mitsui and Quantinuum’s majority owner, Honeywell, among others.
Tech giants such as Nvidia are rushing…
